Pete Najarian, cofounder of OptionMonster.com, explained how to profit from Yahoo.

“I was getting 85 cents for the Jan. 16 calls. This stock is virtually stuck somewhere between $15½ and $16½, depending on the news story of the day or of that week,” he said Wednesday. “So for that, I’m getting paid 85 cents every two months. You do the multiplication, you’ve created a pretty nice revenue stream.”

Najarian also liked such companies as ConocoPhillips, Union Pacific, JPMorgan and General Electric for the same reasons.

“All of these are in that 2½ to 3½ percent dividend yields,” he said. “By selling a two-month out-of-the-money call every six months, and allowing that if these stocks were to essentially flatline, you’re now creating not only the dividend of 3½ percent, but you’re creating another 11 percent, 14 percent — depending on which one of these stocks you pick — on top of that.”

Najarian emphasized that he wasn’t looking for performance.

“I’m not looking ConocoPhillips to explode to the upside,” he said. “If you are expecting the upside, this is not what you’re going to do.”

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Deborah Weinswig An employee of Citigroup Global Markets or its affiliates is a trustee of Target Corp.

Gregory Hertz, CFA, CPA, Associate, holds a long position in the securities of Wal-Mart Stores Inc.

Leo Kulp, CFA, Analyst, holds a long position in the securities of Wal-Mart Stores Inc.

Citigroup Global Markets Inc. or its affiliates beneficially owns 1% or more of any class of common equity securities of JC Penney Co Inc. This position reflects information available as of the prior business day.

Within the past 12 months, Citigroup Global Markets Inc. or its affiliates has acted as manager or co-manager of an offering of securities of Dollar General Corp., Target Corp, Wal-Mart Stores Inc.

Citigroup Global Markets Inc. or an affiliate received compensation in the past 12 months from Dollar General Corp..

Analysts' compensation is determined based upon activities and services intended to benefit the investor clients of Citigroup Global Markets Inc. and its affiliates ("the Firm"). Like all Firm employees, analysts receive compensation that is impacted by overall firm profitability which includes investment banking revenues.